Is francswiss finanacial doing good in mutual fund industry?!?It depends on how good the financial managers handling the funds... and bear in mind... banks as well doesn't tell you where they invest your savings/time deposits... even Philequity one of the best mutual fund institution in the Philippines will just tell you that they invest in blue chips stocks... and you can never tell, probably these institutions can give more interest than what we received from our SA or TDs. Remember, World Bank are the ones controlling our country's financial structure, they are dictating us what interests to give and how much tax to get from us.
If you don't know where to put your money, the basic thing most of us do is go to banks and open an account either savings or time deposits... but have you tried asking them about UITFs? Did you know that you don't need to declare your tax from your earnings at UITFs or mutual funds?
What about if you have P3M, are you just going to deposit it in a bank? Or are you going to ask them on how to make your money work for you? Try asking them about it, they have financial managers that will enlightened you on what/where to invest your money.
Take note; only P250,000 are insured for SA and TD in a bank no matter how big those banks are...
If francswiss is a scam and a ponzi schemes as most of you claimed... did we hear a complaint from the investors of francswiss? Let's just say it is a scam... how can we stop people in investing at francswiss?
From what I've gathered, there are people trying to hack the website since Wednesday... and francswiss currently installing additional security measures... there are a group of people trying to ruin Francswiss, allegedly.
Why dont we just have a wait and see attitude on what's really going on at Francswiss, rather than posting negative stuffs... we can't stop all of the people interested in investing to them.
And after it is proven a scam or otherwise... we can't simply say or post, don't invest or invest at Francswiss. Let the people or would be investors decide...
Did you ever computed on how much money you spend in buying new cellphones and pre-paid loads in 3 months? Is there a return of investments from this necessity? High-end cellphones cost about, 25k-40k at the most, excluding add-ons. But nobody is telling you that you got scammed... But if there's a new investment scheme and people are earning money, sharing stuffs that happened to them, there are a lot of people telling negative things.
To all investors of Francswiss, good luck... we are hoping for the best...
To all the detractors or concerned people... let's wish them (investors) luck and pray for them that they did the right decision...
Gamblers and risk-takers have a lot of following, rather than passive people...
God bless... Ya. I think so You have got to be kidding. First of all FRANCSWISS IS A SCAM. A PONZI SCAM PERPETUATED BY SYNDICATE THAT ARE ALSO INVOLVED IN OTHER CRIMINAL ACTIVITIES LIKE DRUG TRAFFICKING.
It does not belong to any credible mutual fund assocaition in the Philippines How Francswiss and other scams will be played?
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1) Operator is always around to answer questions. He is as helpful as he can be. Intense promotion such as advertisements, text, roadshows, blog sites, will be used. Credible people from banking sector, movie industry and other "honest credible people" will be tapped by the operators.
2) Many people post that they have been paid. Moderators are looked up to. There is a cult-like atmosphere. Cheerleaders post that admin is honest and good.
3) People become even more trusting with their money, especially if there is a guarantee in the TOS. The wheels of the scam really start to turn as more and more people join the dream.
4) Cheerleaders praise the admin. Everyone is happy and friendships are made. Poor people are gifted in by generous benefactors.
5) Payments start to slow. Your payment was almost a week late. Not to worry. Admin says there just aren't enough hands or hours in the day to pay all the people. Or the server is in need of a better upgrade please bear with us. In the meantime, cheerleaders continue to encourage more money to be put in the scam while administrator delays in paying the promised interest to earn more.
6) Payments slow more and more. The excuse that there isn't enough egold(ecash) might be used. Sporadic updates by admin that can be interpreted a hundered different ways are given to try and squash the impending mutiny. The optimist will still encourage people not to worry and not to panic and even entice people to invest and take the risk because it is worth it.
7) Maybe another payment processor is the answer! Switch to IntGold, NetPay, etc. or another mode of payment atm,etc. Cheerleaders praise admin for his ability to get through such a tough time. "We are back in business!" How stressful it must be!
8) A few payments go out, but they are almost at a stand-still. An unhappy member posts that they haven't been paid in weeks. That post gets deleted. Some heretics even get banned, only for repeatedly asking where the money is. Moderators begin to get edgy and members are confused. Cheerleaders cheer all the harder in hopes they will get paid even if no one else is, just because they had "faith".
9) Admin is jetsetting around the globe and can't be bothered to deal with miscreants and small set-backs. A new payment script is being worked on. The HYIP is being pushed to the scam folder at other forums. Hmmmm...what is really going on?
10) No payments to anyone. Moderators are left alone to delete posts. Where is admin? Cheerleaders say not to worry. This admin has integrity and cares about the members. Another update sooooon!!!
11) This page cannot be displayed.
There are sometimes more twists and turns and drama, but in the end there is always
someone who loses their money. Read more from Yahoo discussion boards and you will be shocked! BE CAREFUL, do not get hooked with this BIG SCAM!! |